Marissa Mayer, top Google executive, selected as next CEO of Yahoo

Marissa Mayer, an executive at Google who ran its Search product, will be the next CEO of Yahoo, The New York Times reports.
While the news comes as a bit of a surprise — some speculated that the
company would tap Ross Levinsohn for the role — Mayer comes to Yahoo
with a long list of credentials. Mayer was the first female hired at
Google and was among the first employees to join the company. She was
considered a top executive at the company near the level of Schmidt,
Page, and Brin — though during last year’s reorganization at Google she
was pushed by Page from search to local.

Mayer’s predecessor, Scott Thompson, was ousted from Yahoo’s top spot
after his falsified resume was discovered — but this time the company’s
new CEO comes with a real computer science degree from Stanford. Still,
she’ll have an uphill battle at the once-flourishing web giant, which
is still going through an extensive restructuring effort that came with a14% workforce reduction and the shuttering of 50 services.